Global equities fell on October 8 as rising oil prices, higher bond yields and renewed inflation fears triggered a broad sell-off. The Nifty 50 dropped 1.6% to a 52-week low, while Japan's Nikkei and Hong Kong's Hang Seng each lost 1.4%. Brent crude rose 1.52% to $101.73 amid Middle East tensions and attacks on tankers in the Strait of Hormuz.
Global Stocks Slide as Oil Surges, Inflation Fears Return
Source: Moneycontrol